Month: September 2021

Havertys Updates Third Quarter Sales Performance

Written by Customer Service on September 20, 2021. Posted in Public Companies.

ATLANTA, Sept. 20, 2021 (GLOBE NEWSWIRE) — HAVERTYS (NYSE: HVT and HVT.A) today reported members of the company’s senior management are scheduled to meet on September 22nd and 23rd with institutional investors and discuss the company’s operations. In anticipation of these meetings, Havertys also today released updated sales information. Havertys sales for the third quarter to date of 2021 are up approximately 21.2% over the same period last year and comparable store sales are up 19.5%. Written business for the third quarter to date over the same period last year is up 2.7% and comparable written business is up 1.0%. This pace of business compares to the full third quarter of 2020 over 2019 and that period’s increases in sales of 3.9% and written business of 22.8%. “Our business continues to be strong as we work to deliver...

Maxim Power Corp. Announces the Re-Filing of 2021 Second Quarter Financial Information and Project Updates

Written by Customer Service on September 20, 2021. Posted in Public Companies.

CALGARY, Alberta, Sept. 20, 2021 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the re-filing of the June 30, 2021 unaudited condensed consolidated interim financial statements and Management’s Discussion and Analysis (“MD&A”). The re-filed financial statements and MD&A replace and supersede the previously filed original financial statements and MD&A filed on August 11, 2021 and will be available on SEDAR and on MAXIM’s website on September 20, 2021. All figures reported herein are Canadian dollars unless otherwise stated. The June 30, 2021 unaudited condensed consolidated interim financial statements and MD&A were prepared by management and reviewed by MAXIM’s auditors. They have been re-filed to incorporate the convertible loan facility...

Vintage Wine Estates, Inc. Announces Chief Operating Officer Succession Plan

Written by Customer Service on September 20, 2021. Posted in Public Companies.

Russell G. Joy to be appointed Chief Operating Officer effective November 1, 2021 SANTA ROSA, Calif., Sept. 20, 2021 (GLOBE NEWSWIRE) — Vintage Wine Estates, Inc. (NASDAQ: VWE) (TSX: VWE.U) (TSX: VWE.WT.U) (“VWE” or the “Company”), one of the fastest growing U.S. wine producers with an industry leading direct-to-customer platform, today announced the succession plan for its Chief Operating Officer (COO). Russell G. Joy, who brings over 20 years of wine industry experience spanning finance and operations, will be appointed COO effective November 1, 2021, succeeding Jeff Nicholson, who will retire from the Company effective October 29, 2021. Mr. Joy has held key roles in the wine industry most recently as General Manager of Napa Wine Company where he managed the upgrading of its facility while leading a culture change. Previous to...

Cryo-Cell International Announces Changes To Its Board of Directors

Written by Customer Service on September 20, 2021. Posted in Public Companies.

MIAMI, Sept. 20, 2021 (GLOBE NEWSWIRE) — Cryo-Cell International, Inc. (Nasdaq:CCEL), the leader in cord blood and cord tissue cryopreservation services, announces the appointment of Mr. Mark Portnoy and Mr. Daniel Mizrahi to the Company’s Board of Directors, replacing Mr. George Gaines and Jonathan Wheeler, M.D., who have resigned in their capacity as Directors. Mr. Gaines has chosen to retire while Dr. Wheeler has resigned for health reasons. The Board of Directors voted unanimously in favor of adding Mr. Mark Portnoy and Mr. Daniel Mizrahi as members of the Board. Mr. Portnoy is a Co-CEO of the Company and previously served as a member of the Board of Directors from 2011-2020. Mr. Mizrahi currently serves as the Chief Executive Officer of Power Tech, S.A. Power Tech is a leading manufacturer and distributor in Guatemala of more...

Magna And Veoneer Announce Expiration Of Hart-Scott-Rodino Waiting Period

Written by Customer Service on September 20, 2021. Posted in Mergers And Acquisitions.

Companies File for Regulatory Approvals in the European Union and ChinaAURORA, Ontario, Sept. 20, 2021 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) and Veoneer, Inc. today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, or HSR Act, in connection with the previously announced acquisition of Veoneer by Magna. Pursuant to the agreement announced on July 22, 2021, Magna will acquire all of the issued and outstanding shares of Veoneer for $31.25 per share in cash, representing an equity value of $3.8 billion, and an enterprise value of $3.3 billion, inclusive of Veoneer’s cash, net of debt and other debt-like items as of March 31, 2021. The waiting period expired at 11:59 p.m. on September 13, 2021 without the issuance of a so-called “second request”...

Amedisys to Acquire Home Health Regulatory Assets in Charlotte and Raleigh, N.C.

Written by Customer Service on September 20, 2021. Posted in Mergers And Acquisitions.

BATON ROUGE, La., Sept. 20, 2021 (GLOBE NEWSWIRE) — Amedisys, Inc. (NASDAQ: AMED), a leading provider of quality home health, hospice and personal care, has signed a definitive agreement to acquire regulatory assets that allow the Company to establish home health care centers to fully service and expand the Charlotte and Raleigh, N.C. markets. Under the terms of the agreement, expected to close October 18, 2021, Amedisys will acquire the right to expand certified home health care services in Mecklenburg County and Wake County, N.C., and surrounding counties, including Union, Wayne, Wilson, Stanley, and Anson counties. The service area provides access to more than 350,000 Medicare enrollees and more than 100,000 Medicare Advantage enrollees. “We’re honored to be able to offer our compassionate, clinically distinct and industry leading...

German American Bancorp, Inc. and Citizens Union Bancorp of Shelbyville, Inc. Announce Definitive Merger Agreement

Written by Customer Service on September 20, 2021. Posted in Mergers And Acquisitions.

JASPER, Ind., Sept. 20, 2021 (GLOBE NEWSWIRE) — German American Bancorp, Inc. (Nasdaq: GABC) (“German American”) and Citizens Union Bancorp of Shelbyville, Inc. (“CUB”) announced today that they have entered into a definitive agreement to merge CUB into German American. Upon completion of the transaction, CUB’s subsidiary bank, Citizens Union Bank of Shelbyville, Inc., will be merged into German American’s subsidiary bank, German American Bank. Under terms of the definitive agreement, CUB common shareholders will receive a fixed exchange ratio of 0.7739 shares of German American common stock for each share of CUB in a tax-free exchange, and a cash payment of $13.44 per CUB share. Based on the number of CUB common shares expected to be outstanding at closing, German American would issue approximately 2.9 million shares of its common...

XORTX Therapeutics Announces Share Consolidation

Written by Customer Service on September 20, 2021. Posted in Public Companies.

CALGARY, Alberta, Sept. 20, 2021 (GLOBE NEWSWIRE) — XORTX Therapeutics Inc. (“XORTX” or the “Company”) (CSE: XRX) (OTCQB: XRTXF), a pharmaceutical therapeutics company focused on developing innovative therapies to treat progressive kidney disease, announces that further to its news release dated August 13, 2021 the Company will complete a share consolidation of the issued and outstanding common shares of the Company on the basis of 11.74 pre-consolidation common shares for each one (1) post-consolidation common share (the “Share Consolidation”), as approved at the meeting of shareholders held on September 2, 2021. No fractional common shares will be issued in connection with the Share Consolidation. In the event a holder of common shares would otherwise be entitled to receive a fractional common share in connection...

CUMULUS MEDIA Releases New Investor Presentation

Written by Customer Service on September 20, 2021. Posted in Public Companies.

Announces Participation in Deutsche Bank 29th Annual Leveraged Finance Conference ATLANTA, Sept. 20, 2021 (GLOBE NEWSWIRE) — Cumulus Media Inc. (NASDAQ: CMLS) announced today that it has released a new investor presentation, which can be found on its website at www.cumulusmedia.com/investors. A virtual video presentation is available via ChannelChek as part of Noble Capital Markets’ C-Suite Interview Series via the following link: Investor Presentation Video. Access to the virtual video presentation is free of charge and open to the public. Mary G. Berner, President and Chief Executive Officer of CUMULUS MEDIA, said, “This presentation gives both existing and new investors a deeper understanding of our multi-year strategic repositioning from a one-dimensional radio company to a multi-dimensional, audio-first media company with...

O2Gold Intercepts 20 g/t Au at the Main Aurora Vein, Which Has a Projected Extension of at Least 700 Meters, at Only 97 Meters of Depth

Written by Customer Service on September 20, 2021. Posted in Public Companies.

Figure 1Section C with AUR-21-001 sampling and results, as well as the trajectory of the completed AUR-21-003 holeFigure 2Drill cores of AUR-21-001 where it intercepted the main Aurora vein, showing 0.7m @ 20.11 g/t Au and 3.30 g/t Ag from 97.4 m.TORONTO, Sept. 20, 2021 (GLOBE NEWSWIRE) — O2Gold Inc. (“O2Gold” or the “Company”) (TSXV: OTGO) is pleased to report high-grade gold-silver intercepts from its first drill hole at the Aurora Tunnel in Colombia, where the Company has exploitation and production permits. Key HighlightsHole AUR-21-001 targeted down-dip extensions of high-grade gold-silver mineralization indicated by rock chip sampling and prior artisanal production at the Aurora Tunnel. A mineralized interval was encountered (reported as downhole intervals) with the following results: 1.6...

Month: September 2021

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